Department of Commerce hands down anti-dumping duties on Argentina and Indonesia

October 24, 2017 |

In Washington, the Department of Commerce found in its initial report that Indonesian and Argentine biodiesel were being sold at prices below market value and as such lobbed anti-dumping duties on the two countries at 50.71% for the former and between 54.36% to 70.05% for the latter. Argentina responded saying the decision didn’t make much of an impact because interim duties of up to 64.17% in effect since August made exports to the US impossible. Ongoing negotiations with the Argentine government regarding a potential price floor for its biodiesel exports to the US may lead to a suspension agreement.

Print Friendly, PDF & Email

Tags: , ,

Category: Policy

Thank you for visting the Digest.